Micelio Fund is arguably India’s first venture capital fund exclusively targeted at enabling radical and sustainable innovation in the clean mobility ecosystem.
The purpose of the USD 20 million (INR 1.5 billion) fund is to create lasting impact and potentially redefine the future of mobility.
Micelio Fund typically focuses on ‘Pre-Seed’ to ‘Series A’ investments in early stage startups across the clean mobility spectrum – OEMs, infrastructure providers, component suppliers, and service providers.
Although the priority is land-based EVs based on its sizable carbon footprint, the fund is exploring investments in startups that can significantly impact the future of mobility – whether in aviation, drones technology, maritime transportation, space-tech, or alternative fuels.
What truly sets Micelio Fund apart is the ability to offer much more than capital support through Micelio Discovery Studio and Micelio Living Labs.